Business Continuity, Data Protection and Replication Solutions Provider, SteelEye Technology, Relocates to Accommodate Accelerated Growth

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Increased demand for business continuity solutions precipitates move to new space that will house additional sales, marketing, operations, finance, and partner service staff and activities

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Our new location keeps us in the heart of innovation, and the Bay Area provides a rich pool of talent when it comes to growing our team - all critical elements for supporting future growth.

SteelEye Technology, Inc. (]) a leading provider of business continuity solutions that focus on data protection, data replication, high availability and disaster recovery, announced today that the company relocated its Palo Alto, California, headquarters to a larger facility in Menlo Park, California. The move will accommodate the continued expansion of the company, which has experienced strong growth as the market for virtualization-related solutions has accelerated during the past several years, driving a new level of demand for business continuity solutions.

According to recent forecasts from IDC, the virtualization services market is expected to expand from $5.5 billion in 2006 to $11.7 billion in 2011.* With the expanded capacities of their new Menlo Park offices, SteelEye is well-positioned for continued substantial growth.

"This move helps ensure our ability to maintain the highest level of customer service, improve operational efficiencies, enhance sales operations and expand partner services," said Garrett Gafke, President and Co-CEO of SteelEye. "Our new location keeps us in the heart of innovation, and the Bay Area provides a rich pool of talent when it comes to growing our team - all critical elements for supporting future growth."

The new facility is situated close to Stanford University and is approximately 25 miles south of San Francisco at 4400 Bohannon Dr, Suite 110, in Menlo Park.

The new office will augment the company's development and administrative support facilities in Japan, South Carolina and the United Kingdom. Due to continued worldwide interest in business continuity and virtualization related solutions, SteelEye expects its office in Cambridge, England will also face increased demand from its European, Middle Eastern, and African markets.

About the Business Continuity Solutions Provider, SteelEye Technology, Inc.
SteelEye is the leading provider of data and application availability management solutions for business continuity and disaster recovery for Windows, Linux and virtual environments.

The SteelEye family of data replication, application protection, high-availability clustering and disaster recovery solutions are priced and architected to enable enterprises of all sizes to ensure continuous availability of business-critical applications, servers and data.

To complement its software solutions, SteelEye also provides a full range of high-availability consulting and professional services to assist organizations with the assessment, design and implementation of solutions for ensuring high availability within their environments.

For more information about SteelEye, please visit or contact Greg Ewald at 650-213-1483.

SteelEye is a wholly owned subsidiary of SIOS Technology, Inc., ( listed on the Tokyo Stock Exchange under 3744.



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Greg Ewald
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